Determine the balances that appear in the accounts payable subsidiary ledger.What Accounts Payable…

Presented below is information related to City Company for its first month of operations.

Determine the balances that appear in the accounts payable subsidiary ledger.What Accounts Payable balance appears in the general ledger at the end of January?

Credit Purchases

Cash Paid

Jan. 6

Eli Company

$ 9,000

Jan. 11 Eli Company

$ 6,500

Jan. 10

Teddy Company

12,000

Jan. 16 Teddy Company

12,000

Jan. 23

U-2 Company

10,000

Jan. 29 U-2 Company

7,700

 

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